Niko Molina
Lowes vs Home Depot vs Menards
3 December 2015 | 26 replies
I buy the majority of items from HD.
Mike Sullivan
New Condo HOA Rental rule - good or bad?
21 November 2015 | 1 reply
But it could boost sales for owner occupants, now more confident they may not have to worry about owner/renter ratios or being majority rentals..
Josiah Mosley
Should I invest in turnkey properties
27 November 2015 | 17 replies
There are major components to look at.I have my big 5 or so.1.
Daren H.
REI Podcasts Turning into Pitchfests
22 November 2015 | 4 replies
A majority of subscribers are just getting going with R.E. so it makes sense to target that kind of investor.None of it has the kind of content I am interested in which is more advanced topics but that is only a small part of BP.
Markeen Baker
Than Merrill
27 March 2016 | 53 replies
Bottom line, RE gurus make the majority of their money by telling others how to make money in real estate but not actually doing it themselves.
Alex Ortiz
House Hacking, Flipping Michigan
24 November 2015 | 3 replies
Credit Karma (Free) is also a great site if you are not already on there as they provide insights into all three major credit reports and provide you tips about what is really dragging you down.
Jesse R.
First rental deal in the works, need a bit of advice please
2 December 2015 | 10 replies
This is also how I would sell him on the deal.Estimated Minimum Closing Costs $5,500.00Estimated Closing Costs Based on Prop Value $5,500.00 Repairs/Construction $10,000Total Loan with Seller Concessions $100,000.00 % Down Payment 20.00%Down Payment $20,000 Remainder of closing costs $15,500.00 (this assumes you are paying for the renovations out of pocket)Total Due at Signing $35,500 Mortgage Rate 4.75%Length of Mortgage in years 30Monthly Mortgage payment $417.32 Taxes $100.00 Sewer and Water $- Trash $- Heat/Utilities $- HOA $30.00 Cap Ex and Ops $150.00 (this is your future roof replacement, hot water tanks and other major items)Insurance $250.00 Mgmt Fee $140.00 Vacancy $113.40 Total Expenses $1,200.72Total Revenue $1,400.00 Cashflow/month $199.28Cash on Cash Return 6.74%
Donna White
NEED HELP WITH A SITUATION!
24 November 2015 | 4 replies
Now the owner is saying that she will take the majority of what we give her for the house and give the tenants whatever is left.
John Henderson
Foundation Repair Who's your Guy?
14 June 2016 | 7 replies
Have my first deal in my sights but it needs major foundation repairs and an possible deal breaker on an otherwise great flip.